Cricut Inc (CRCT) concluded trading on 01/11/24 at a closing price of $6.20, with 5.63 million shares of worth about $34.91 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -52.99% during that period and on Thursday the price saw a loss of about -2.05%. Currently the company’s common shares owned by public are about 219.17M shares, out of which, 43.71M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 28 times over the past 12 months. They bought 1,473,236 shares in 12 of the transactions. In 16 selling transactions, insiders dumped 1,523,202 shares.
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However, the stock later moved at a day high price of 6.55, or with a loss of -2.05%. Stock saw a price change of -4.17% in past 5 days and over the past one month there was a price change of -14.72%. Year-to-date (YTD), CRCT shares are showing a performance of -5.92% which decreased to -26.44% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.20 but also hit the highest price of $16.51 during that period. The average intraday trading volume for Cricut Inc shares is 520.61K. The stock is currently trading -7.54% below its 20-day simple moving average (SMA20), while that difference is down -13.66% for SMA50 and it goes to -33.60% lower than SMA200.
Cricut Inc (NASDAQ: CRCT) currently have 219.17M outstanding shares and institutions hold larger chunk of about 9.79% of that.
The stock has a current market capitalization of $1.36B and its 3Y-monthly beta is at 0.17. PE ratio of stock for trailing 12 months is 25.60, while it has posted earnings per share of $0.24 in the same period. It has Quick Ratio of 1.62 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CRCT, volatility over the week remained 2.75% while standing at 4.61% over the month.
Stock’s fiscal year EPS is expected to drop by -10.52% while it is estimated to increase by 21.36% in next year.
Analysts at 5 brokerage firms have issued recommendations for the Cricut Inc (CRCT)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.80. Out of those 5 Wall Street analysts, 0 recommended a “Buy” rating, while 3 were in favor recommending the stock as a “Hold” and 2 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on December 13, 2023 offering a Neutral rating for the stock and assigned a target price of $7 to it.
